Carmen Denny

Carmen sells clothes. She is married to Darío, and they currently live in their own house in the Cotoca neighborhood. Carmen buys and sells Brazilian clothes. She has been developing this business activity for over a year. She delivers all of her products for credit for a maximum of one month.

She has a second business activity as a source of income; she is an elementary school teacher. Her husband works as an administrative assistant for a company in the city of Santa Cruz.

Carmen will use the loan to buy construction material to finish building her house. This will make her family more comfortable. She is grateful to the institution for the opportunity given to her and for the prompt way they took care of it.

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.